The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Smart Agriculture market
Emergen Research has recently published a detailed report on the global Smart Agriculture market formulated through extensive primary and secondary research. The Smart Agriculture Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Smart Agriculture market. The report offers in-depth research and assessment of the key elements of the global Smart Agriculture market.
The global smart agriculture market size was USD 18.65 Billion in 2022 and is expected to register a revenue CAGR of 13.1% during the forecast period according to the latest analysis by Emergen Research. Increasing agricultural productivity across the globe is a key factor driving revenue growth of the market. Rising automation of commercial greenhouses is a major trend that is expected to provide growth opportunities in the global market. Commercial greenhouse construction has resulted from cultivators realizing the potential advantages of growing plants in a greenhouse. Cultivators have turned away from conventional lighting systems due to the ease with which Light-Emitting Diode (LED) grow lights can be included into a Common Event Adapter (CEA) setup. Despite being expensive, LED grow lights are the best choice for indoor farming due to their long-term advantages in terms of energy efficiency. In order to assist growers in automatically obtaining information on livestock in real-time, key technologies driving revenue growth of the market include Global Positioning System (GPS), Radio Frequency Identification (RFID), and biometrics for livestock. In addition, vibrations and material conditions in factories, farms, bridges, and other infrastructure are monitored by infrastructural health sensors. Infrastructure health sensors support real-time information delivery to the maintenance team when combined with an intelligent network. Agricultural robots are also being deployed to automate a variety of farming tasks, including soil upkeep, weeding, fruit picking, reaping, fertilizing, grading, and irrigation.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Smart Agriculture market expected to boost the growth of the industry in the coming years.
Smart Agriculture Market Segmentation:
Type Outlook (Revenue, USD Billion; 2019–2032)
- Aquaculture
- Precision Farming
- Greenhouse
- Livestock
Component Outlook (Revenue, USD Billion; 2019–2032)
- Service
- Support Maintenance
- Consulting
- System Integration Deployment
- Connectivity Technology
- Global Navigation Satellite System
- Wireline
- Cellular IoT
- SIGFOX
- Wi-Fi
- Others
- Solution
- Software
- Irrigation Management
- Network Management
- Agriculture Asset Management
- Hardware
- Sensors Control Systems
- LED Grow Lights
- HVAC System
- Valves Pumps
- Others
- Software
- Service
Regional Outlook (Revenue, USD Billion; 2019–2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Turkey
- Rest of MEA
- North America
The report also studies the key companies of the Smart Agriculture market along with analysis of their business strategies, MA activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
Key companies operating in the Smart Agriculture market include:
Agco Corporation, Deere Company, Trimble Inc., Topcon Positioning Systems, Inc., Afimilk Ltd., Agjunction Inc., Delaval Inc., Ageagle Aerial Systems Inc, Lumigrow Inc., Raven Industries Inc.
The Global Smart Agriculture Report is a panoramic study of the overall Smart Agriculture market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Smart Agriculture market. The report provides a detailed analysis of the key factors of the Smart Agriculture market that are expected to have a positive impact on the growth of the Smart Agriculture industry.
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Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The all-inclusive report on the Global Smart Agriculture Market added by Reports and Data demonstrates that the global Smart Agriculture market is presumed to grow at a steady CAGR throughout the forecast timeline. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the Smart Agriculture market. The report also offers accurate forecast estimation at a global and regional level to impart a better understanding of the scope of the market.
Radical Features of the Smart Agriculture Market Report:
- The report encompasses Smart Agriculture market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Smart Agriculture industry
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/smart-agriculture-market
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